Israeli Stocks Sink to 2-Month Low as Israel Strikes Gaza Strip

Israeli shares sank to the lowest level in almost two months as the country’s military struck 50 targets by air and sea in the Hamas-controlled Gaza Strip following overnight rocket attacks.

The benchmark TA-25 Index (TA-25) declined 0.6 percent to 1,371.61 as of 4:12 p.m. in Tel Aviv, the lowest level since May 11. Israeli troops have amassed along the Gaza border and the cabinet approved the call-up of 40,000 reservists for a possible ground operation following a barrage of Palestinia...